DEVELOPMENT SITE | EASTVILLE
By Hollis Morgan Auctions
£ 276,000
Reviews
2 out of 5 stars
Hollis Morgan Auctions says ..
Hollis Morgan – DECEMBER LIVE ONLINE AUCTION – A Freehold DEVELOPMENT SITE with LAPSED PLANNING for 4 X HOUSES.
Property Oracle says ..
This property is a freehold development site located in Eastville, Bristol, listed at £276,000. The site encompasses 685 sq ft of land and has lapsed planning permission for four houses. The location is convenient, being relatively close to Stapleton Road train station and several schools. However, the property’s proximity to a major road may be a drawback for some. The site itself is currently vacant and overgrown and requires extensive development. The nearby properties provide varied examples of homes in Eastville with varied price points. A significant investment and development risk is involved due to the lack of building and the need to secure updated planning permission. The proposed architectural drawings indicate a potential 4-unit build but do not indicate total size or potential sale value. Given the current state of the land and market conditions, the site holds potential but carries considerable risk and should be valued based on the full cost and complexity of development, including potential hurdles with planning permissions. Investors should carefully consider all associated costs and potential challenges before bidding.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 4
- Bedrooms
- 0
- Bathrooms
- 0
- Lot (est)
- 685.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 347,495.00 £Increased by 4.36 %
- Average area rental value
- 1,189.00 £/moDecreased by 23.64 %
- Est rental Yield
- 4.11 %Decreased by 26.74 %
- Crime Rate
- 17.00 %Unchanged by 0.00 %
Agent Activity
Hollis Morgan Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| May Park Primary School | Academy Sponsor Led | 0.43 KM | |
| Glenfrome Primary School | Community School | Good | 0.61 KM |
| Colston'S School | Other Independent School | 0.91 KM | |
| Bannerman Road Community Academy | Academy Sponsor Led | Requires improvement | 1.19 KM |
| Whitehall Primary School | Community School | Outstanding | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sandy Lane | £ 0 | 0 | 0.00 KM |
| Heath Road | £ 420,000 | 0 | 0.00 KM |
| Coombe Road | £ 0 | 0 | 0.00 KM |
| Cato Street | £ 425,000 | 0 | 0.00 KM |
| Chapel Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Stapleton Road | 3250 | SRD | 0.92 KM |
| Lawrence Hill | 3225 | LWH | 1.80 KM |
| Montpelier | 3203 | MTP | 3.14 KM |
| Filton Abbey Wood | 3235 | FIT | 3.47 KM |
| Bristol Temple Meads | 3231 | BRI | 3.56 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Chisbury Street, Bristol | £ 325,000 | BUY | 6 / 10 | 0.07 KM |
| Heath Street, Eastville, Bristol | £ 325,000 | BUY | 7 / 10 | 0.13 KM |
| Coleridge Road, Bristol | £ 325,000 | BUY | 5 / 10 | 0.14 KM |
| Coleridge Road, Bristol, BS5 | £ 290,000 | BUY | Unknown | 0.14 KM |
| Freemantle Road, BRISTOL, Avon, BS5 | £ 360,000 | BUY | 6 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Chisbury Street | £ 95,000 | 0.08 KM |
| 2 Chisbury Street | £ 110,000 | 0.08 KM |
| 1 Chisbury Street | £ 81,000 | 0.08 KM |
| 3 Chisbury Street | £ 150,000 | 0.08 KM |
| 33 Heath Street | £ 130,000 | 0.12 KM |